Clearwire Discontinues Backhaul Services from FiberTower
Clearwire has discontinued the majority of the backhaul services provided by FiberTower, effective April 30, 2011, representing approximately $434,000 in monthly service revenue. Upon termination of these services, the customer’s early termination charges are expected to be approximately $1.9 million payable immediately. Approximately 16% of the services will be retained, representing approximately $80,000 in monthly revenue.
FiberTower said payment of the early termination charges of approximately $1.5 million associated with service terminated in February has been received by the company. http://www.fibertower.com
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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
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